Globalisation in Business Environment And International Business : Practice MCQ Questions & Answers with Explanations

The correct answer is B: The integration of economies, cultures, and societies through cross-border trade, investment, and technology.

Globalisation refers to the increasing interdependence of world economies through the free movement of goods, services, capital, technology, and people across national borders. It has accelerated since the 1990s due to liberalisation, privatisation, and advances in communication technology.